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From Academy Award winning director Peter Jackson comes The Hobbit, the precursor to The Lord of the Rings trilogy, based on the famous books by J.R.R. Tolkien.

The Hobbit follows title character Bilbo Baggins in his epic journey to reclaim the lost Dwarf Kingdom of Erebor, which was long ago conquered by the dragon Smaug.

Martin Freeman stars as Bilbo, with familiar faces such as Gandalf (Ian McKellen), Frodo (Elijah Wood) and Gollum (Andy Serkis) making appearances along the way.

Can it possibly live up to the incredible LOTR films? Based on this first glimpse, it looks like it just might. Watch The Hobbit trailer below and see what you think:

The Hollywood Gossip